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The California Form REG 262, officially known as the Vehicle/Vessel Transfer and Reassignment Form, plays a crucial role in the process of transferring ownership of a vehicle or vessel in the state. This form is essential for both buyers and sellers, ensuring that the transfer is documented properly and legally. It is important to note that this form does not serve as the ownership certificate; instead, it must accompany the titling document or an application for a duplicate title. The form includes several key sections, such as vehicle identification, a bill of sale, an odometer disclosure statement, and information about both the buyer and seller. Each section requires accurate and complete information to prevent future complications. Additionally, the form includes a power of attorney section, allowing one party to appoint another to handle necessary paperwork for the transfer. Understanding how to fill out this form correctly is vital for anyone involved in the sale or purchase of a vehicle or vessel in California, as it protects the rights of all parties and ensures compliance with state regulations.

Documents used along the form

The California Form REG 262 is essential for transferring ownership of a vehicle or vessel. It must be accompanied by several other documents to ensure a smooth transaction. Below is a list of related forms and documents that are commonly utilized alongside the REG 262.

  • Title Certificate: This is the official document that proves ownership of the vehicle or vessel. It must be submitted with the REG 262 to complete the transfer process.
  • Application for Duplicate Title: If the original title is lost or damaged, this application is necessary to obtain a replacement title. It must be filed with the DMV along with the REG 262.
  • Bill of Sale: This document details the sale transaction, including the buyer, seller, purchase price, and date of sale. It serves as proof of the sale and is often included with the REG 262.
  • Odometer Disclosure Statement: This statement is required to confirm the vehicle's mileage at the time of sale. It is typically included in the REG 262 but may also be a separate document for certain transactions.
  • Power of Attorney: If someone else is handling the transaction on behalf of the buyer or seller, this document grants them the authority to sign necessary paperwork. It must be completed and submitted with the REG 262.
  • Smog Certification: For certain vehicles, a smog certification may be required to confirm that the vehicle meets California emissions standards. This document may need to be presented during the transfer.
  • Vehicle/Vessel Registration Application: This application is used to register the vehicle or vessel with the DMV after the transfer of ownership. It is often submitted alongside the REG 262.
  • Release of Liability: This form notifies the DMV that the seller is no longer responsible for the vehicle after the sale. It is an important document to protect the seller from future liabilities.
  • Motor Vehicle Bill of Sale: This essential document facilitates the transfer of ownership for a vehicle in California and serves as proof of the sale. For more details, refer to California PDF Forms.
  • Car Buyer’s Bill of Rights: Although not a formal document for the transaction, it is a resource that outlines the rights of the buyer. It is advisable for buyers to review this before completing the purchase.

Each of these documents plays a crucial role in ensuring that the transfer of ownership is legally recognized and that both parties are protected. It is important to complete and submit all required forms accurately to avoid any complications during the transaction.

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California Fotm Reg 262 Example

VEHICLE/VESSEL TRANSFER AND REASSIGNMENT FORM

A Public Service Agency

INSTRUCTIONS ON REVERSE SIDE - ALL SIGNATURES MUST BE IN INK - PHOTOCOPIES NOT ACCEPTED

This form is not the ownership certificate. It must accompany the titling document or Application for Duplicate Title. For Car Buyer's Bill of Rights, visit www.dmv.ca.gov.

ACQUISITION NUMBER (DISMANTLER ONLY)

BILL OF SALE VEHICLE/VESSEL ID

ODOMETER

BUYER

SELLER

POWER OF ATTORNEY

SECTION 1 - VEHICLE/VESSEL DESCRIPTION

 

 

IDENTIFICATION NUMBER

YEAR MODEL

 

MAKE

 

 

LICENSE PLATE/CF NO.

MOTORCYCLE ENGINE NUMBER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SECTION 2 - BILL OF SALE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I/We

 

 

 

 

 

 

sell,

transfer, and

deliver the above

vehicle/vessel

PRINT SELLER'S NAME(S)

 

 

 

 

 

 

 

 

 

 

 

 

 

to

GEICO

 

on

 

 

 

 

for the amount of

$

N/A

 

 

PRINT BUYER'S NAME(S)

 

 

MO

DAY

YEAR

 

(SELLING PRICE)

If this was a gift, indicate relationship:

 

 

 

 

(e.g., parents, spouse, friend, etc.)

$

(GIFT VALUE)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SECTION 3 - ODOMETER DISCLOSURE STATEMENT (Void if Mileage is Altered or Erased)

Federal and State Law requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.

The odometer now reads

,

ths (no tenths) miles, and to the best of my knowledge

 

 

10

 

reflects the ACTUAL mileage unless one of the following statements is checked.

 

WARNING - ODOMETER DISCREPANCY

Odometer reading is NOT the actual mileage

Mileage EXCEEDS the odometer mechanical limits

Explain odometer discrepancy:

 

 

 

SECTION 4 - BUYER AND SELLER (MUST hand print his or her name, date and sign this section.)

BUYER'S SECTION

I acknowledge the odometer reading and the facts of the transfer. I certify (or declare) under penalty of perjury under the laws of the State of California that the foregoing is true and correct.

PRINT BUYER'S NAME

SIGNATURE

 

DATE

DL/ID OR DEALER/DISM #

 

x

 

 

 

PRINT BUYER'S NAME

SIGNATURE

 

DATE

DL/ID OR DEALER/DISM #

 

x

 

 

 

PRINT BUYER'S NAME

SIGNATURE

 

DATE

DL/ID OR DEALER/DISM #

 

x

 

 

 

BUYER'S MAILING ADDRESS

CITY

STATE

ZIP CODE

DAYTIME TELEPHONE NO

 

 

 

 

 

SELLER'S SECTION

I certify (or declare) under penalty of perjury under the laws of the State of California that the foregoing is true and correct.

PRINT SELLER'S NAME

SIGNATURE

 

 

DATE

 

DL/ID OR DEALER/DISM #

 

 

x

 

 

 

 

 

PRINT SELLER'S NAME

SIGNATURE

 

 

DATE

 

DL/ID OR DEALER/DISM #

 

 

x

 

 

 

 

 

PRINT SELLER'S NAME

SIGNATURE

 

 

DATE

 

DL/ID OR DEALER/DISM #

 

 

x

 

 

 

 

 

SELLER'S MAILING ADDRESS

CITY

STATE

ZIP CODE

 

DAYTIME TELEPHONE NO

 

 

 

 

 

 

 

 

SECTION 5 - POWER OF ATTORNEY

 

 

 

 

 

 

 

 

 

 

 

 

 

I/We

 

 

appoint

 

 

GEICO

 

PRINT NAME(S)

 

 

 

 

PRINT NAME(S)

as my attorney in fact, to complete all necessary documents, as needed, to transfer ownership as required by law.

SIGNATURE REQUIRED BY PERSON APPOINTING POWER OF ATIORNEY

 

 

 

DATE

 

 

x

 

 

 

 

 

 

SIGNATURE REQUIRED BY PERSON APPOINTING POWER OF ATIORNEY

 

 

 

DATE

 

 

x

 

 

 

 

 

 

 

 

 

 

 

 

 

REG 262 (REV. 10/2011)

 

 

 

 

 

 

FAQ

  1. What is the California Form REG 262?

    The California Form REG 262, also known as the Vehicle/Vessel Transfer and Reassignment Form, is used to document the transfer of ownership of a vehicle or vessel. It must accompany the title or an application for a duplicate title. This form is essential for ensuring that the transfer is legally recognized.

  2. Who needs to fill out the REG 262 form?

    Both the seller and the buyer must fill out the REG 262 form. The seller completes the sections regarding the sale, while the buyer acknowledges the transfer. If the vehicle is a gift, the relationship between the giver and the recipient should be noted.

  3. What information is required on the REG 262 form?

    The form requires several key pieces of information, including:

    • Vehicle or vessel identification number
    • Year, make, and model
    • Odometer reading
    • Names and addresses of both the buyer and seller
    • Details of the sale, including the selling price or gift value

  4. What is the odometer disclosure statement?

    The odometer disclosure statement is a crucial part of the REG 262 form. It requires the seller to report the vehicle's mileage at the time of sale. If there are any discrepancies, such as alterations to the mileage, the statement becomes void, and a new one must be completed.

  5. Can I use a photocopy of the REG 262 form?

    No, photocopies of the REG 262 form are not accepted for the transfer process. The original form must be completed and submitted. However, you can keep a photocopy for your personal records.

  6. What happens if the odometer reading is incorrect?

    If the odometer reading is incorrect or has been altered, it could lead to legal issues, including fines or imprisonment. Both parties must ensure that the mileage reported is accurate and that any discrepancies are explained in the designated section.

  7. Is a power of attorney needed for the REG 262 form?

    A power of attorney is only necessary if you are appointing someone else to act on your behalf in completing the transfer documents. This section allows you to designate an individual or company to handle the paperwork required for the transfer.

  8. What if there are multiple owners of the vehicle?

    If the vehicle has multiple owners, the signatures required depend on how the owners are listed. For owners joined by "AND," all must sign. For those joined by "OR," only one signature is needed. Ensure that all names are printed clearly.

  9. Where can I find more information about my rights as a buyer?

    You can learn about your rights by visiting the California DMV website. They provide resources like the Car Buyer’s Bill of Rights and other helpful brochures that inform you about the buying process and your rights.

  10. How do I submit the REG 262 form?

    Once completed, the REG 262 form should be submitted to the California DMV along with any other required documents, such as the title or application for a duplicate title. Make sure to keep copies of everything for your records.

Key takeaways

Here are the key takeaways for filling out and using the California Form REG 262:

  • Ownership Certificate: This form is not a certificate of ownership. It must be accompanied by the title or an application for a duplicate title.
  • Signatures Required: All signatures on the form must be in ink. Photocopies are not accepted.
  • Accurate Information: Complete all sections accurately. Incomplete forms may delay the transfer process.
  • Odometer Disclosure: The odometer reading must be disclosed. Any alterations to this section will void the disclosure.
  • Buyer and Seller Details: Both the buyer and seller must provide their names, addresses, and signatures. This confirms the transfer of ownership.
  • Gift Declaration: If the vehicle or vessel is a gift, indicate the relationship between the buyer and seller clearly.
  • Power of Attorney: If appointing someone to act on your behalf, complete the Power of Attorney section. The odometer disclosure cannot be signed by a power of attorney.
  • Record Keeping: Retain a photocopy of the completed form for your records, especially for future reference.
  • Legal Consequences: Providing false information may result in fines or legal penalties. Always ensure accuracy and honesty.

Form Characteristics

Fact Name Description
Purpose of Form The California REG 262 form is used for transferring ownership of a vehicle or vessel. It must accompany the title or application for a duplicate title.
Signature Requirement All signatures on the form must be in ink. Photocopies are not accepted, ensuring authenticity in the transfer process.
Odometer Disclosure Federal and State law mandates that the odometer reading be disclosed at the time of transfer. Any alterations to this section will void the disclosure.
Governing Law This form is governed by California Vehicle Code Sections 5901 and 5902, which outline the requirements for vehicle ownership transfer.
Retention of Records Dealers and auto auctions must retain a photocopy of the odometer disclosure for five years as part of their record-keeping obligations.